Elite Park

Location: Budapest XI. Újbuda
Status: Átadva
Delivery date: Q2 2024
Flat quantity: 464
Levels: Ground Floor + 9 Upper Floors

About the project

Elite Park is a residential complex under development in the revitalized Újbuda district of Budapest’s 11th district, comprising a total of 464 apartments.

The first of the three buildings is already completed and occupied. The second and third phases are completed by Bayer Property, with Bayer Construct as the general contractor.

Elite Park merges green spaces and modern living into a harmonious, safe residential environment. The landscaped courtyard offers a true urban oasis where residents can relax or spend quality time outdoors. The apartments are thoughtfully designed to create a real sense of home, with functional and comfortable spaces.

The colorful façades of the buildings add a vibrant touch to the neighborhood, blending seamlessly with its dynamic character.

The two new 9-storey buildings are being constructed simultaneously on a corner plot bordered by Budafoki Road and Barázda Street. The upper levels (from the 6th floor upwards) gradually step back, creating spacious rooftop terraces and fewer apartments per floor. Each apartment is connected to the district heating network, with individual metering for heating and hot water.

All units are equipped with split air-conditioning, pre-installed motorized shutter wiring, and partial furnishings.

All apartments come with a balcony or terrace. Units on floors 7–9 include large rooftop terraces, ideal for creating private gardens, barbecuing, or hosting gatherings.
A total of 464 apartments will be built in the residential complex, ranging in size from 28 m² studio flats to spacious 150 m² homes with multiple bedrooms. Larger 2-4 bedroom apartments are eligible for the Hungarian state home benefit program, CSOK.

The purchase price includes:

  • A fully equipped kitchen with built-in appliances
  • Entryway furniture
  • Bathroom furniture with sanitary fittings and vanity cabinets

The buildings will feature spacious, modern lobbies with recessed mailboxes and cozy seating areas for residents and guests.

The site will feature extensive green areas with landscaped gardens designed by landscape architects. Residents will enjoy leisure and sports facilities, and a playground will be installed for children.

Parking is provided via 21 surface spaces and a single-level underground garage with 456 parking spots. Fifty of these will be pre-installed for EV charging capability.

Small commercial units are planned on the ground floor along Barázda Street, expected to accommodate beauty services (e.g. hair salon, nail salon, solarium) and other amenities like laundry or parcel pick-up services.

Elite Park offers excellent connectivity via the Rákóczi and Petőfi bridges, providing fast access to the city center. Public transport options include the #1 tram and several bus lines. The M4 metro and suburban rail lines are also accessible with a single transfer.

The district is home to several major universities, all easily reachable by bike, on foot, or by public transport. Multiple shopping centers and service hubs are nearby: Újbuda Center is practically next door, and Etele Plaza is just 5 minutes away.

Available properties

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    Details

    Please note that the currently available ground floor units in the project are registered as commercial accommodation rather than residential properties in the land registry. These units are also sold with a fully equipped built-in kitchen and an entryway wall unit.

    Number of storage units: 279
    Parking spaces (underground garage): 456
    Price of underground parking space: HUF 8 000 000
    Parking spaces (surface): 21

    Electric vehicle chargers:
    50
    Elevator: Yes
    Accessible: Yes
    Heating: District heating with individual metering
    Cooling:Split air-conditioning system
    Ceiling height: 2,65 meters

    Structure:
    Monolithic and precast floor slabs
    Windows: Triple-glazed, thermally insulated
    Extras:Partially furnished apartments (kitchen, entryway)

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      [caption id="attachment_7691" align="alignnone" width="362"] VABA Apartments
      Elite Park 2-3[/caption]

       

      Ratter Gábor

      Elite Park

      +36 70 656 2013

        Elite Park

        Galéria

        106460, 100618, 106461
        project (Realpad ID) 23363444